minimise possible losses in trading

[QuadsPoker]

My opinion is that every single person can become a profitable trader and you do not need to be a specialised trader to make consistent daily profits.

Are you sure about Bold part ? If yes then I will not agree with you and my opinion will be that still you don't know what is crypto trading. Trading is just money circulation, you are selling your coin means someone buying from other side. You are buying means someone selling from other side. So always someone will loss on single coin. It's same for all coin and all traders. For example you you bought a coin for 1$ and you sold for 2$, means someone bought it by 2$. Imagine price drop on 0.5$, so who bought for 2$ from you he is in loss. That's the trading, if you are winner always be loser on opposite side. Everyone have own criteria, and they follow that. That's why sometimes we are gainer and sometimes loser. It's crypto game. It's true most of new trader will on loss on begun.

It doesnt mean the person that is selling is loosing. maybe initially but not always.

for example. I bought today XRP at 0.3575$. You can not say that the coins i bought are from someone that bought at a higher point. So maybe he bought at 0.35$. After that i sold mine @ 0.362. So also with a profit and the person that bought mine will hold until he makes profit.

I never said that every trader is profitable. I quoted that every person can become a profitable trader. The traders that are in an overall loss can only be in loss cause they panic sold at a lower price than they bought.

I helped out several persons in the past that even knew anything about crypto. I had a 3-4 hour private session with them and every single one of them was ready to start trading with just some basic techniques and strategies. And every single one of them are in profit, not a single one in loss.

So if you ask me ' can every person become a profitable trader?. Then i say yes. The only 2 things that are necessary to exclude are PANIC, GREED and i basic education. You even do not need technical analysis. I never analyse charts myself. I just use 2-3 easy to learn and use strategies to make my money. And it makes me good money, cause i sold my business 3 years ago and after that i can easily support me, my wife and kids with my trading earnings.

I agree with you those who buy and hold longer can be in loss. But what i am saying is that everyone can be a profitable trader if you day trade like me. I never chase huge profits. I close multiple trades daily that even sometimes bring me 0.3% profits but by doing this 20-30 times a day i easily make 1-2% profits daily.

The only ones that loose are idiots that lower than they bought!!!

[bitgolden]

We can make much profits by maintaining the trades with small profits and losses but it js not possible for too long sinfe the market go bearish at most of the times so we may need to hold longer to recover from the losses.

We can also make profits in bearish conditions but we need to wait for a right entry and exit levels. Sustaining prices in bearish market is a very good entry point but you need to take profits as quicker as possible because market may fall down again at any time. I agree that we should maintain our trades with small profits which be good especially in this bearish market conditions.

[1Referee]

We can also make profits in bearish conditions but we need to wait for a right entry and exit levels. Sustaining prices in bearish market is a very good entry point but you need to take profits as quicker as possible because market may fall down again at any time. I agree that we should maintain our trades with small profits which be good especially in this bearish market conditions.

It's not as hard as it may seem to benefit from a bear market. All you have to do as average trader/investor is to open a short, and have it do its work in the months, or even years it's slowly going down. The only thing you have to carefully look at is the leverage multiplier you use. Too high could work against you in case the market pumps beyond what you thought was the top.

2x leverage as long term short works perfectly fine since it allows you to catch up a move in the other direction without any problems. People's problem is that they use 10x or even 25x in some cases, which either means they are gambling and hope to score big very fast, or have a stop loss set just a few % in the other direction. I prefer to let the market do its thing because it's impossible to time correctly.

There is always that unpredictable range you have to take into consideration.

[suzanne5223]

My trading

Everyone tells people to educate well before starting to trade. Lot of people are using 10s of indicators, draw lines and do 100s of things to analyse the market. Well I don't. The only thing I use for my trading is are the Bollinger bands. It took me exactly 1 hour to learn how to use this strategy and since then I am making money on a daily basis.

Lot of people tell that making consistent profits is impossible. Now I say it is possible. I make an average of minimum 1% profits on a daily basis on my total trading balance. I even managed to let 100€ grow to over 6000€ in 1 year by only using 1 single trading tool or indicator.

My secret is very simple VOLUME!!!!

I always enter the market at a point with the general idea to get out of the market latest 3 hours after I entered. But to be honest in 75% of the cases I even get out of the market within 30 minutes after I entered. This process I do about 50-100 times every single day. I rather take 0.5% profits multiple times a day than just enter the market 3 times in a day and see 2 of the taken positions turn out in a loss and get stuck with that position.

I jump in and out 50-100 times a day with 1-5% of my entire balance per trade. By trading so much volume you can significantly decrease possible losses and can make it possible to close 90-95% of your trading days profitable.
So if people are telling 1% average daily profits is impossible, I tell they are wrong, it is possible.

1 percent of each trade done is still possible but I am also not sure that this will happen if the market is in a bearish condition and also, after all, not all kits will profit, even in markets that have large volumes. Indicator technique in my opinion, not too influential, it's just about the time when you enter and exit the market

You definitely make sense because I have seen alot of good market forecaster/predictor which end up making losses instead of profit because he dont the right time to enter and exit the market. However, you said indcator are not influential but to me indicator it gambling.

[laredo7mm]

Perform calculations when we do before trading. because this is important to be able to avoid having a bigger lose. and can also regulate our emotions in trading and lust

[Renaldi blackspadeteam]

wow you are cool, strong self-confidence and successful in crypto trading without being influenced by news from the media, and I thank you for sharing the tips that you use for crypto trading,

[Crystal Method]

I am completely agree with the author. In addition, want to add that educating yourself with Technical and Fundamental Analysis is the key to success. Blindly following and buying without study will led to loss only. Whether it is trading or long term investment, education is must.

[wuvdoll]

There are right parts and there are wrong parts. First of all its true that there doesn't have to be any loss in trading if you follow OPs logic, yes people could buy coins and than sell for higher and the people who buy that will sell for higher and we will continue to have only profits and no one will lose. But that is theoretically possible only in theory.

There are absolutely no markets in the whole world (not even a single one) that only goes higher, you need to have both ups and downs in all markets and for that to happen you need to have people that sell for less than they bought.

Sometimes you can make profits while selling for a loss as well, you can buy from 6.5 thousand dollars, sell at 5 thousand dollars and rebuy at 3 thousand dollars and you can have more bitcoins that way, of course you need it to go back up eventually but you can "profit" that way as well.

[mersal]

I am completely agree with the author. In addition, want to add that educating yourself with Technical and Fundamental Analysis is the key to success. Blindly following and buying without study will led to loss only. Whether it is trading or long term investment, education is must.

We definitely reduce the possibility of getting losses in trading very easily it is all about your time and experience when you are wake up at the right time to sell your currency it will be the reason to get good profit if it happens when classes will be reduced very easy.

[BitHodler]

Sometimes you can make profits while selling for a loss as well, you can buy from 6.5 thousand dollars, sell at 5 thousand dollars and rebuy at 3 thousand dollars and you can have more bitcoins that way, of course you need it to go back up eventually but you can "profit" that way as well.

I don't see how this is a viable option to make profit. It's more like an accidental advantage rather than a well planned move. In other words, it's a move largely based on luck and thus not something to recommend.

It's always easy talking after the price has tanked hard. What if it went back up after $5000? I'm sure that you wouldn't be happy with yourself in that case, and likely panic buy higher to get rid of the bad taste in your mouth.

Hodl is what people should do. You could always choose to long whatever you think is the bottom in order to end up with more coins than before. There are various platforms you can use for that.

[valheru]

I read even though it is a little long. I liked it because you have written this article sincerely but there's no such thing as what you're writing will always work for others. Ultimately, everyone has a different style of trading, everyone has different methods. some of them do trade with analysis and some of them with emotions (I'm going with analysis and logic). Whichever trade technique makes you feel safe and determined, Should go with that technique.

[Dewi Aries]

I read even though it is a little long. I liked it because you have written this article sincerely but there's no such thing as what you're writing will always work for others. Ultimately, everyone has a different style of trading, everyone has different methods. some of them do trade with analysis and some of them with emotions (I'm going with analysis and logic). Whichever trade technique makes you feel safe and determined, Should go with that technique.

It is good to educate other people, but sometime they not want to learn about it. Well, it is depend on them but i see a lot of people not have any method even analysis or maybe emotion. And they always end with loss.

[valheru]

I read even though it is a little long. I liked it because you have written this article sincerely but there's no such thing as what you're writing will always work for others. Ultimately, everyone has a different style of trading, everyone has different methods. some of them do trade with analysis and some of them with emotions (I'm going with analysis and logic). Whichever trade technique makes you feel safe and determined, Should go with that technique.

It is good to educate other people, but sometime they not want to learn about it. Well, it is depend on them but i see a lot of people not have any method even analysis or maybe emotion. And they always end with loss.

The people you are talking about are people who have already agreed to lose and financial harm. there is nothing that can be done for them The bad thing about this situation is that the number of people mentioned is increasing

[gabmen]

I read even though it is a little long. I liked it because you have written this article sincerely but there's no such thing as what you're writing will always work for others. Ultimately, everyone has a different style of trading, everyone has different methods. some of them do trade with analysis and some of them with emotions (I'm going with analysis and logic). Whichever trade technique makes you feel safe and determined, Should go with that technique.

It is good to educate other people, but sometime they not want to learn about it. Well, it is depend on them but i see a lot of people not have any method even analysis or maybe emotion. And they always end with loss.

The people you are talking about are people who have already agreed to lose and financial harm. there is nothing that can be done for them The bad thing about this situation is that the number of people mentioned is increasing

Well i trading it's best to just focus on your own trades. Take into consideration other people's advices and techniques but mostly you can formulate your own through your experiences. You can share what works for you but don't expect most people to heed it to the letter.

[Sengoko]

Lol, I’m not the only one that finds it funny when I see people saying that there is no money that can be made during a bear market lol the problem with these people is that they haven’t given a try, they just sit there and say they can’t make money during a bear market without doing anything. There are lots of people making money during bear. I realized that after learning from a friend of mine the right strategies to make use of during the bear market.

[Lalafell]

Lol, I’m not the only one that finds it funny when I see people saying that there is no money that can be made during a bear market lol the problem with these people is that they haven’t given a try, they just sit there and say they can’t make money during a bear market without doing anything. There are lots of people making money during bear. I realized that after learning from a friend of mine the right strategies to make use of during the bear market.

Even we experience bear market we can still earn and we can able to make money. I also earn money from this bear market because I do scalping even you need to focus in market and in chart it also enhance my skill in trading. Do not ever think that bear market will not give money.

[paxaway21]

Lol, I’m not the only one that finds it funny when I see people saying that there is no money that can be made during a bear market lol the problem with these people is that they haven’t given a try, they just sit there and say they can’t make money during a bear market without doing anything. There are lots of people making money during bear. I realized that after learning from a friend of mine the right strategies to make use of during the bear market.

Even we experience bear market we can still earn and we can able to make money. I also earn money from this bear market because I do scalping even you need to focus in market and in chart it also enhance my skill in trading. Do not ever think that bear market will not give money.

That't true lot of people don't even take the risk of the bear market they just making their own way and always complaining on their words because they don't have fear to face those things and afraid to loss on their money.

[Moiyah]

I've been using Bollinger Bands before. But now, I totally removed that in my indicators. Though, it is a good way to predict where to enter and to exit everytime it squeezes, I was still confused. Right, volume has a big role in trading. If you just know how to read volume and chart, you can still survive. Anyway, your approach can be effective for some but we have different strategies.

[binhvo1505]

Your method is really good but it's too safe compared to the specified level. I think we need to be more reckless in the crypto market. there will be a few coins that will go up very high and we should not be too safe.
Safety only makes us grow slower than other traders.

[akram143]

My opinion is when a trade is doing their proper work it will always been profit for him there is no losses will happened in this meeting will be very very low percentage of possibility so if anyone getting a loss from trading it will always his mistake only not about the market will not victim for the situation.